Professional Bobby Rahal Launches New E-Racing Series with Jaguar
Bobby Rahal, who became one of an elite group of race car drivers by winning the Indy500 in 1986, has remained a huge part of the racing world. He caught up with Alyssa Julya Smith at the Los Angeles Auto Show preview to talk about his partnership with Jaguar Land Rover, and Jaguar's I-PACE eTrophy Series.
Rahal talks about being the first to partner with the luxury automaker to launch a new electric racing league solely for Jaguar I-Pace electric vehicles. Rahal will lead the Rahal Letterman Lanigan team in the new series, set to launch in 2018.
He explains that since they are electric cars, each race series will be 30 minutes long, and will run solely on electric power. The Jaguar series will coincide with the Formula E schedule during the 2018-19 season that begins next December.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.